EUR/NZD analysis

[Bennie Carey]

We analyzed the EURNZD market with Bollinger bands and moving average and we found that the market is fully up to both indicators which refers that the market is strong from buy. Buyers should hence put an entry at 1.7046 and the closing point is at 1.7108.

 

[Naumnic]

Great analysis, The Euro has declined against other pairs even with exotic currencies like pln to eur where the Polish currency has appreciated against a very weak euro and affected by many factors that do not help the European economy improve